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Inventory Worksheet 1 ) Fill in the Profit column by using a formula. Recall that profit is calculated by subtracting the cost to purchase from

Inventory Worksheet
1) Fill in the "Profit" column by using a formula. Recall that profit is calculated by subtracting the cost to purchase from the price. Ensure that your answer is in Accounting format.
2) Use the MAX function to determine which ingredient's profit amount is the highest. Ensure that your answer is in Accounting format.
3) Use a function to determine the average price for all the ingredients. Ensure that your answer is in Accounting format.
4) Use a function to determine the average profit for all the ingredients. Ensure that your answer is in Accounting format.
Price Increase Worksheet
5) BAMA Burger Buggy would like to increase prices by 15%. Use a function to fill in the column "Price Increase" to calculate the 15% increase, using an absolute reference to cell B1. Ensure that your answer is in Accounting format.
6) BAMA Burger Buggy would like to adjust the increased prices so that they are rounded up to the nearest penny. Use the ROUNDUP function in column "Rounded" to accomplish this.Ensure that your answer is in Accounting format.
7) What is the minimum price of the increased, rounded prices? Use an appropriate function to determine the answer. Ensure that your answer is in Accounting format.
8) What is the count of the items in the table? Use an appropriate function to determine the answer.
Item ID Update Worksheet
9) BAMA Burger Buggy would like to update the Item IDs to remove the letters after the "#".Fill in the column "Location of #" with the position of the "#" in the "Item ID" column. Use the FIND function with the Search Text of an absolutereference to cell B1.
10) Create the updated ID in column "New ID" using the LEFT function and the value in the "Locaton of #" column.

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